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Choosing the right conveyancer can be a difficult process for house buyers and house sellers. A common trait of estate agents is to pass clients on to a recommended conveyancer and then take a percentage of the fee.

According
to reports from Estate
Agent Today, “32 per cent of home
buyers complete little or no research on conveyancers and so choose those
recommended by estate agents involved in the transaction”. Additional research
by the news outlet also found that “59 per cent of those who accepted estate
agent advice and used a recommended conveyancer were unaware that a referral
fee was probably paid to the estate agency."

A
method of cutting out the middle-service in this transaction is by going
straight to a solicitor who can carry out the conveyancing service for you.
This allows you to conduct your own research into the solicitor and deal
directly with the conveyancer helping you carry out the transaction.

Next
month, the Agency Team of the National Trading Standards will be delivering new
guidelines regarding referral fees by estate agents. Whilst it is uncertain
what the guidelines will suggest, it is hoped that it will generate an improved
service not just to conveyancing, but to the property sector as a whole.

Grahame
Stowe-Bateson are a reputable provider of conveyancing services throughout
Leeds and Harrogate. To get in touch with one of our offices regarding the
property services we can offer you, contact us on one of the following numbers: